It has been announced the project will follow a new PPP model being devised by the Welsh government, based on the Non-Profit Distributing (NPD) model developed by the Scottish government
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It has been announced the project will follow a new PPP model being devised by the Welsh government, based on the Non-Profit Distributing (NPD) model developed by the Scottish government. NPD projects are added to government debt and deficit figures and count against capital budget, unlike the standard model for public-private partnerships in the UK, Private Finance Initiatives (PFIs). Under NPD, private partners take fixed rates of return and do not receive surplus profits
List of the country updates
Country updates
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October 09, 2017
The Welsh Government has launched a tender process to seek a technical advisor
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October 06, 2017
Balfour Beatty sells its professional services business
Balfour Beatty has reached an agreement with a subsidiary of CBRE Group to sell Heery International, its full-service US engineering and programme management, architecture and interior design fir...
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October 05, 2017
Manchester terminates PFI waste contract with Viridor Laing consortium
Greater Manchester Waste Disposal Authority (GMWDA) has announced it has terminated its PFI contract with the Viridor Laing consortium.
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October 04, 2017
Green light for Brighton uni campus development
Planning approval has been given for plans to deliver new student facilities at the University of Brighton as well as new housing, retail and business premises.
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October 03, 2017
The consortium made up of Interserve, Equitix and Campus Living Villages UK (CLV) has been selected as preferred bidder for the development of the project
The consortium made up of Interserve, Equitix and Campus Living Villages UK (CLV) has been selected as preferred bidder for the development of the project. It will finance, build and operate the two new facilities for up to 50 years
